đđXRP Price Has the Most Performance of the Year, but SEC Details Create Great Risk! đđ
XRP, which has gained more than 6% in the last 24 hours, is currently trading at $ 0.6518. This altcoin, worth $ 36.8 billion, attracted attention by surpassing Circle's USDC token and rising to sixth place in terms of market value.
While the bulls have been struggling to exceed $ 0.60 for a while, this sudden strong price movement pleased investors. In the cryptocurrency market, which exhibits an optimistic outlook, XRP performed better than other coins in the top 100 (excluding meme coins).
Especially after the final court decision in the Ripple case in August, the bulls received negative comments due to the failure to exceed the $ 0.60 level, and this negatively affected investor sentiment. There was only a short-term price increase at the time, which did not turn into a permanent rise.
Although XRP seems poised to outperform the broader market after a significant weekly close, the US Securities and Exchange Commission (SEC) still poses risks for bulls. The SEC's appeal deadline in the Ripple case has been set as October 6. Experts expect the SEC to appeal. If an appeal is filed close to this date, it could have a negative impact on the price; however, according to many experts, the appeal process is likely to continue until 2026.
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